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What are the potential home equity and tax strategies for wealthy seniors?

Housing Wire

It depends on an individual’s tax bracket and their priorities, but there are several options for higher-net-worth individuals,” Resch said. But the 2017 Tax Cuts and Jobs Act (TCJA) is also scheduled to sunset at the end of 2025 unless Congress acts to either extend or replace it.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money.

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Ladd’s Addition—Neighborhood Analysis of Single-Family Residential Homes (July 2019)

Portland Appraisal Blog

This is reflected in the age histogram showing most of the homes falling in the 91-97 years bracket. The highest sales price obtained in the neighborhood (on the open market) was $1,105,000 on 3/17/2017. # Data was pulled from the year 2000 to the present date. Most properties within Ladd’s Addition were built around 1900-1930.